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B1 Segment information (Tables) | 12 Months Ended
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Dec. 31, 2024
Disclosure of operating segments [abstract] |
Summary of Reportable Segments | Segment information 2024
|  | Networks |  |  | Cloud Software and Services |  |  | Enterprise |  |  | Other |  |  | Group/Total segments |
Segment sales |  |  | 158,207 |  |  |  | 62,635 |  |  |  | 24,863 |  |  |  | 2,175 |  |  |  | 247,880 |
Net sales |  |  | 158,207 |  |  |  | 62,635 |  |  |  | 24,863 |  |  |  | 2,175 |  |  |  | 247,880 |
Gross income |  |  | 73,648 |  |  |  | 23,021 |  |  |  | 12,788 |  |  |  | –92 |  |  |  | 109,365 |
Gross margin (%) |  |  | 46.6% |  |  |  | 36.8% |  |  |  | 51.4% |  |  |  | –4.2% |  |  |  | 44.1% |
Earnings (loss) before financial items and income tax (EBIT) 1)2) |  |  | 25,665 |  |  |  | –435 |  |  |  | –22,083 |  |  |  | 1,166 |  |  |  | 4,313 |
EBIT margin (%) |  |  | 16.2% |  |  |  | –0.7% |  |  |  | –88.8% |  |  |  | 53.6% |  |  |  | 1.7% |
Financial income and expenses, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | –1,724 |
Income after financial items |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2,589 |
Income tax |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | –2,215 |
Net income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 374 |
Other segment items |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Share in earnings of associated companies |  |  | 94 |  |  |  | 2 |  |  |  | – |  |  |  | –342 |  |  |  | –246 |
Amortizations |  |  | –1,288 |  |  |  | –30 |  |  |  | –2,661 |  |  |  | –1 |  |  |  | –3,980 |
Depreciations |  |  | –4,187 |  |  |  | –1,381 |  |  |  | –274 |  |  |  | –198 |  |  |  | –6,040 |
Impairment losses 1) |  |  | –305 |  |  |  | –87 |  |  |  | –15,308 |  |  |  | –14 |  |  |  | –15,714 |
Restructuring charges |  |  | –1,899 |  |  |  | –2,434 |  |  |  | –511 |  |  |  | –168 |  |  |  | –5,012 |
Gains/losses on investments and sale of operations |  |  | –7 |  |  |  | 10 |  |  |  | –165 |  |  |  | 17 |  |  |  | –145 |
1) Segment Enterprise includes impairment of goodwill and intangible assets of SEK –15.3 billion, mainly related to the acquisition of Vonage in 2022. For more information, see note C1 “Intangible assets.” 2) Segment Other includes a gain of SEK 1.9 billion from the resolution of a commercial dispute, see note B4 “Other operating income and expenses.” Segment information 2023
|  | Networks |  |  | Cloud Software and Services |  |  | Enterprise |  |  | Other |  |  |  |  | Group/Total segments |
Segment sales |  |  | 171,442 |  |  |  | 63,630 |  |  |  | 25,745 |  |  |  | 2,534 |  |  |  |  |  | 263,351 |
Net sales |  |  | 171,442 |  |  |  | 63,630 |  |  |  | 25,745 |  |  |  | 2,534 |  |  |  |  |  | 263,351 |
Gross income |  |  | 67,959 |  |  |  | 22,088 |  |  |  | 12,016 |  |  |  | –461 |  |  |  |  |  | 101,602 |
Gross margin (%) |  |  | 39.6% |  |  |  | 34.7% |  |  |  | 46.7% |  |  |  | –18.2% |  |  |  |  |  | 38.6% |
Earnings (loss) before financial items and income tax (EBIT) 1) |  |  | 19,382 |  |  |  | –220 |  |  |  | –38,336 |  |  |  | –1,152 |  |  |  |  |  | –20,326 |
EBIT margin (%) |  |  | 11.3% |  |  |  | –0.3% |  |  |  | –148.9% |  |  |  | –45.5% |  |  |  |  |  | –7.7% |
Financial income and expenses, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | –2,993 |
Income (loss) after financial items |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | –23,319 |
Income tax |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | –2,785 |
Net income (loss) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | –26,104 |
Other segment items |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Share in earnings of associated companies |  |  | 83 |  |  |  | 41 |  |  |  | – |  |  |  | – |  |  |  |  |  | 124 |
Amortizations |  |  | –1,013 |  |  |  | –43 |  |  |  | –3,401 |  |  |  | –1 |  |  |  |  |  | –4,458 |
Depreciations |  |  | –4,460 |  |  |  | –1,470 |  |  |  | –274 |  |  |  | –495 |  |  |  |  |  | –6,699 |
Impairment losses 1) |  |  | –527 |  |  |  | –176 |  |  |  | –31,952 |  |  |  | –77 |  |  |  |  |  | –32,732 |
Restructuring charges |  |  | –4,437 |  |  |  | –1,924 |  |  |  | –173 |  |  |  | 13 |  |  |  |  |  | –6,521 |
Gains/losses on investments and sale of operations |  |  | –24 |  |  |  | –39 |  |  |  | –16 |  |  |  | –206 |  |  |  |  |  | –285 |
1) Segment Enterprise includes impairment of goodwill of SEK –31.9 billion related to the acquisition of Vonage. For more information, see note C1 “Intangible assets.” |
Segment information 2022 |
|  | Networks |  |  | Cloud Software and Services |  |  | Enterprise |  |  | Other |  |  |  |  | Group/Total segments |
Segment sales |  |  | 193,468 |  |  |  | 60,524 |  |  |  | 14,597 |  |  |  | 2,957 |  |  |  |  |  | 271,546 |
Net sales |  |  | 193,468 |  |  |  | 60,524 |  |  |  | 14,597 |  |  |  | 2,957 |  |  |  |  |  | 271,546 |
Gross income |  |  | 86,368 |  |  |  | 20,106 |  |  |  | 7,096 |  |  |  | –275 |  |  |  |  |  | 113,295 |
Gross margin (%) |  |  | 44.6% |  |  |  | 33.2% |  |  |  | 48.6% |  |  |  | –9.3% |  |  |  |  |  | 41.7% |
Earnings (loss) before financial items and income tax (EBIT) 1) |  |  | 38,512 |  |  |  | –1,689 |  |  |  | –4,473 |  |  |  | –5,330 |  |  |  |  |  | 27,020 |
EBIT margin (%) |  |  | 19.9% |  |  |  | –2.8% |  |  |  | –30.6% |  |  |  | –180.3% |  |  |  |  |  | 10.0% |
Financial income and expenses, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | –2,411 |
Income after financial items |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 24,609 |
Income tax |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | –5,497 |
Net income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 19,112 |
Other segment items |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Share in earnings of associated companies |  |  | 30 |  |  |  | 27 |  |  |  | – |  |  |  | –40 |  |  |  |  |  | 17 |
Amortizations |  |  | –1,424 |  |  |  | –122 |  |  |  | –2,019 |  |  |  | –12 |  |  |  |  |  | –3,577 |
Depreciations |  |  | –4,073 |  |  |  | –1,792 |  |  |  | –515 |  |  |  | –185 |  |  |  |  |  | –6,565 |
Impairment losses |  |  | –211 |  |  |  | –91 |  |  |  | –87 |  |  |  | –12 |  |  |  |  |  | –401 |
Restructuring charges |  |  | –146 |  |  |  | –96 |  |  |  | –65 |  |  |  | –92 |  |  |  |  |  | –399 |
Gains/losses on investments and sale of operations |  |  | 253 |  |  |  | – |  |  |  | 111 |  |  |  | –108 |  |  |  |  |  | 256 |
1) | Segment Other includes a provision of SEK –2.3 billion related to the DPA breach resolution with the US Department of Justice, including expenses for the extended monitorship, and by SEK –1.0 billion due to charges related to the divestment of IoT and other portfolio adjustments.
Summary of Products and Services by Segment | Products and Services by Segments
|  | Networks |  |  | Cloud Software and Services |  |  | Enterprise |  |  | Other |  |  |  |  | Total |
2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Products |  |  | 121,814 |  |  |  | 22,409 |  |  |  | 5,927 |  |  |  | – |  |  |  |  |  | 150,150 |
Services |  |  | 36,393 |  |  |  | 40,226 |  |  |  | 18,936 |  |  |  | 2,175 |  |  |  |  |  | 97,730 |
Total |  |  | 158,207 |  |  |  | 62,635 |  |  |  | 24,863 |  |  |  | 2,175 |  |  |  |  |  | 247,880 |
2023 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pro d ucts |  |  | 131,393 |  |  |  | 21,672 |  |  |  | 5,704 |  |  |  | –4 |  |  |  |  |  | 158,765 |
Services |  |  | 40,049 |  |  |  | 41,958 |  |  |  | 20,041 |  |  |  | 2,538 |  |  |  |  |  | 104,586 |
Total |  |  | 171,442 |  |  |  | 63,630 |  |  |  | 25,745 |  |  |  | 2,534 |  |  |  |  |  | 263,351 |
2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Products |  |  | 147,997 |  |  |  | 21,105 |  |  |  | 4,923 |  |  |  | –1 |  |  |  |  |  | 174,024 |
Services |  |  | 45,471 |  |  |  | 39,419 |  |  |  | 9,674 |  |  |  | 2,958 |  |  |  |  |  | 97,522 |
Total |  |  | 193,468 |  |  |  | 60,524 |  |  |  | 14,597 |  |  |  | 2,957 |  |  |  |  |  | 271,546 |
Summary of Geographical Information |
Market area 2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Net sales |  |  | Non-current assets 5) |
|  | Networks |  |  | Cloud Software and Services |  |  | Enterprise |  |  | Other |  |  |  |  | Total |  |  | Total |
North America 1) |  |  | 57,875 |  |  |  | 14,326 |  |  |  | 598 |  |  |  | 87 |  |  |  |  |  | 72,886 |  |  |  | 18,223 |
Europe and Latin America 2) |  |  | 40,855 |  |  |  | 22,271 |  |  |  | 284 |  |  |  | – |  |  |  |  |  | 63,410 |  |  |  | 66,765 |
South East Asia, Oceania and India 3) |  |  | 23,259 |  |  |  | 9,114 |  |  |  | 37 |  |  |  | – |  |  |  |  |  | 32,410 |  |  |  | 1,005 |
North East Asia 4) |  |  | 14,477 |  |  |  | 4,142 |  |  |  | 18 |  |  |  | 124 |  |  |  |  |  | 18,761 |  |  |  | 1,374 |
Middle East and Africa |  |  | 10,344 |  |  |  | 9,761 |  |  |  | 678 |  |  |  | –12 |  |  |  |  |  | 20,771 |  |  |  | 173 |
Other 1) 2) 3) 4) 6) |  |  | 11,397 |  |  |  | 3,021 |  |  |  | 23,248 |  |  |  | 1,976 |  |  |  |  |  | 39,642 |  |  |  | – |
Total |  |  | 158,207 |  |  |  | 62,635 |  |  |  | 24,863 |  |  |  | 2,175 |  |  |  |  |  | 247,880 |  |  |  | 87,540 |
1) of which in the United States 6) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 98,265 |  |  |  | 17,175 |
2) of which in EU 6) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 35,264 |  |  |  | 62,126 |
of which in Sweden 6) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2,341 |  |  |  | 61,065 |
3) of which in India 6) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 15,194 |  |  |  | 569 |
4) of which in Japan 6) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 9,072 |  |  |  | 199 |
4) of which in China 6) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 10,221 |  |  |  | 1,007 |
5) | Total non-current assets excluding financial instruments, deferred tax assets, and post-employment benefit assets.
6) | Including IPR licensing revenue reported under Market area Other which is allocated based on the country location of the customer.
| Other sales are attributed to countries based on the destination of products or services delivered.
Market area 2023 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Net sales |  |  | Non-current assets 5) |
|  | Networks |  |  | Cloud Software and Services |  |  | Enterprise |  |  | Other |  |  |  |  | Total |  |  | Total |
North America 1) |  |  | 44,640 |  |  |  | 14,199 |  |  |  | 266 |  |  |  | 125 |  |  |  |  |  | 59,230 |  |  |  | 33,214 |
Europe and Latin America 2) |  |  | 42,298 |  |  |  | 22,270 |  |  |  | 245 |  |  |  | 71 |  |  |  |  |  | 64,884 |  |  |  | 64,497 |
South East Asia, Oceania and India 3) |  |  | 43,235 |  |  |  | 10,038 |  |  |  | 36 |  |  |  | 9 |  |  |  |  |  | 53,318 |  |  |  | 886 |
North East Asia 4) |  |  | 18,986 |  |  |  | 4,720 |  |  |  | 37 |  |  |  | 189 |  |  |  |  |  | 23,932 |  |  |  | 1,775 |
Middle East and Africa |  |  | 12,902 |  |  |  | 10,457 |  |  |  | 378 |  |  |  | 2 |  |  |  |  |  | 23,739 |  |  |  | 174 |
Other 1) 2) 3) 4) 6) |  |  | 9,381 |  |  |  | 1,946 |  |  |  | 24,783 |  |  |  | 2,138 |  |  |  |  |  | 38,248 |  |  |  | – |
Total |  |  | 171,442 |  |  |  | 63,630 |  |  |  | 25,745 |  |  |  | 2,534 |  |  |  |  |  | 263,351 |  |  |  | 100,546 |
1) of which in the United States 6) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 85,313 |  |  |  | 32,133 |
2) of which in EU 6) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 34,257 |  |  |  | 59,456 |
of which in Sweden 6) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1,774 |  |  |  | 58,728 |
3) of which in India 6) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 31,205 |  |  |  | 535 |
4) of which in Japan 6) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 10,139 |  |  |  | 132 |
4) of which in China 6) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 10,716 |  |  |  | 1,449 |
5) | Total non-current assets excluding financial instruments, deferred tax assets, and post-employment benefit assets.
6) | Including IPR licensing revenue reported under Market area Other which is allocated based on the country location of the customer.
| Other sales are attributed to countries based on the destination of products or services delivered.
Market area 2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Net sales |  |  | Non-current assets 5) |
|  | Networks |  |  | Cloud Software and Services |  |  | Enterprise |  |  | Other |  |  |  |  | Total |  |  | Total |
North America 1) |  |  | 81,917 |  |  |  | 13,362 |  |  |  | 47 |  |  |  | 68 |  |  |  |  |  | 95,394 |  |  |  | 41,065 |
Europe and Latin America 2) |  |  | 44,644 |  |  |  | 21,638 |  |  |  | 99 |  |  |  | 409 |  |  |  |  |  | 66,790 |  |  |  | 93,612 |
South East Asia, Oceania and India 3) |  |  | 23,695 |  |  |  | 9,179 |  |  |  | 17 |  |  |  | 60 |  |  |  |  |  | 32,951 |  |  |  | 999 |
North East Asia 4) |  |  | 22,488 |  |  |  | 4,015 |  |  |  | 8 |  |  |  | 222 |  |  |  |  |  | 26,733 |  |  |  | 3,385 |
Middle East and Africa |  |  | 11,707 |  |  |  | 10,472 |  |  |  | 368 |  |  |  | 24 |  |  |  |  |  | 22,571 |  |  |  | –804 |
Other 1) 2) 3) 4) 6) |  |  | 9,017 |  |  |  | 1,858 |  |  |  | 14,058 |  |  |  | 2,174 |  |  |  |  |  | 27,107 |  |  |  | – |
Total |  |  | 193,468 |  |  |  | 60,524 |  |  |  | 14,597 |  |  |  | 2,957 |  |  |  |  |  | 271,546 |  |  |  | 138,257 |
1) of which in the United States 6) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 109,709 |  |  |  | 39,906 |
2) of which in EU 6) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 35,859 |  |  |  | 92,167 |
of which in Sweden 6) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3,239 |  |  |  | 88,057 |
3) of which in India 6) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 10,957 |  |  |  | 519 |
4) of which in Japan 6) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 9,965 |  |  |  | 187 |
4) of which in China 6) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 10,523 |  |  |  | 2,068 |
5) | Total non-current assets excluding financial instruments, deferred tax assets, and post-employment benefit assets.
6) | Including IPR licensing revenue reported under Market area Other which is allocated based on the country location of the customer. Other sales are attributed to countries based on the destination of products or services delivered.

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